From the following information supplied by Ms. Sudha, calculate the amount of Net Sales
Debtors on April 01, 2016 = Rs 65,000
Debtors on March 31, 2017 = Rs 50,000
Opening balance of bills receivable as on April 01, 2016 = Rs 23,000
Closing balance of bills receivable as on March 31, 2017 = Rs 29,000
Cash received from debtors = Rs 3,02,000
Discount allowed =Rs 8,000
Cash received against bills receivable =Rs 21,000
Bad debts = Rs 14,000
Bill receivables (dishonoured) = Rs 20,000
Cash sales = Rs 2,25,000
Sales return = Rs 17,000

Explanation

(working notes)
With the preparation of total debtors accont total bills receivable account, the net sales will be computed as follows:
Net Sales = Cash Sales + Credit Sales - Salres return
`=Rs 2,25,000 + Rs 3,53,000 - Rs 1,7000`
`=Rs 5,61,000`.